Flash Cards

(58 cards)

1
Q

What is Cliff Vesting?

A

Cliff vesting is a process where
employees receive ownership of all
shares of an equity award granted
by their company on a specific date
(i.e., vesting date), rather than
receiving a portion of them
gradually.

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2
Q

What is Right-To-Work?

A

A measure that bans mandatory
union members

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3
Q

Organic organization

A

Job boundaries are less distinct and
fewer levels of decision makers. A
more flexible approach to structure
and rules

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4
Q

What is Lechmere, Inc. v. NLRB?

A

A 1992 case in which the U.S.
Supreme Court ruled that an
employer cannot be compelled to
allow nonemployee organizers onto
the business property.

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5
Q

What is Enterprise risk management?

A

Practice of forecasting possible risks
to the organization and taking steps
to mitigate their impact on
operations.

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6
Q

What is Narrative Review

A
  1. No focused research question
  2. No focused searching strategy
  3. No clear method of appraisal or
    synthesis of literature
  4. Not easily repeatable
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7
Q

What is Workforce analysis?

A

Systematic approach to anticipate
human capital needs and data. HR
professionals can use this analysis
to ensure that appropriate
knowledge, skills, and or abilities
will be available when needed to
accomplish organizational goals and
objectives.

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8
Q

What is Offshoring

A

Situation in which a company
relocated processes or production to
an international location by means
of subsidiaries or 3rd party
affiliates.

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9
Q

What is Conflict of interest

A

Situation in which a person or
organization has the potential to be
influenced by opposing sets of
incentives.

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10
Q

What is Diversity of thought

A

Concept describing the presence of
different types of cognitive processes
in a workplace

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11
Q

What is Point Method?

A

A method of job evaluation that
places weight (points) on each of the
compensable factors in a job
whereby the total points associated
with a job establish its relative
worth and jobs that fall within a
specific range of points fall into a
pay grade with an associated wage

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12
Q

What is Blake-Mouton Managerial Grid?

A

A two-dimensional grid showing
leaders’ different levels of task-
oriented and relation-oriented
behavior, which results in particular
styles of leadership (task oriented vs
relationship oriented).

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13
Q

What is Fair Credit Reporting Act (FCRA)

A

U.S act that protects privacy of
background information and
ensures that information supplied is
accurate.

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14
Q

What is in Basket Exercise?

A

A paper-and-pencil test in which an
applicant is given a manager’s in-
basket containing memos, phone
messages, organizational policies,
and other communications normally
received by and available to
managers

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15
Q

What is Risk?

A

The effect of uncertainty or
objectives; outcomes may include
opportunities or threats.

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16
Q

What is minimum qualification

A

The statement “must possess a
working knowledge of customer
security requirements and incident
investigation” included in a job
description for a security specialist
position BEST exemplifies a
Minimum Qualifictaion.

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17
Q

What is functional HR

A

HR structure in which
headquartered HR specialists craft
policies and HR generalists located
within divisions or other locales
implement the policies, adapt them
as needed, and interact with
employees.

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18
Q

What is protected class

A

People who are covered under a
particular federal or state anti-
discrimination law.

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19
Q

What is balanced scorecard

A

Measurement approach that
provides an overall picture of an
organization’s performance as
measured against goals in finance,
customers, internal business
processes, and learning and growth

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20
Q

What is occupational Safety and Health Act
(OSHA)

A

U.S. act that established the first
national policy for safety and health
and continues to deliver standards
that employers must meet to
guarantee the health and safety of
their employees.

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21
Q

What is Six Sigma Black Belts

A

Project Leaders

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22
Q

What is differential pay

A

Pay rates that are affected by where
or when an employee works.

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23
Q

What is workforce expansion

A

When a large amount of employees
enter an organization within a short
amount of time.

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24
Q

What is needs assessment

A

The process of identifying and
prioritizing the learning needs of
employees

25
What is Public comment period
Time allowed for the public to express its views and concerns regarding an action of an administrative agency.
26
what is Graded Vesting
The worker must be 20% vested by the 3rd year of service, and the minimum vesting increases another 20% for each year until the worker is 100% vested at year 7
27
what is total Quality Management
A comprehensive approach - led by top management and supported throughout the organization - dedicated to continuous quality improvement, training, and customer satisfaction
28
what is organizational Needs Assessment
Training needs at an organizational level, it defines the KSAs required as the organization prepares for the future.
29
what is the three spheres of sustainability
Environmental, social, economic
30
What is Value drivers
Actions, processes, or results that are needed to deliver a desired value.
31
what is critical path
Describes the shortest amount of time required to complete a project, taking into account all project task relationships
32
What is nonexempt employees
Employees covered under U.S. Fair Labor Standards Act regulations, including minimum wage and overtime pay requirements.
33
what is Situational Leadership
Telling, selling, participating, delegating by Hersey-Blanchard
34
What is Divestiture
Sale by a company of an asset that is not performing well, that is not core to the company's business, or that is worth more as a separate entity
35
What is promotion Pattern
The % of Internal Promotions
36
What is dedicated HR
HR structure that allows businesses with different strategies in multiple units to apply their own HR expertise to each unit's specific strategic needs.
37
What is project Life Cycle
The management phases of a project which includes, initiation and scope definition; planning; execution, control and coordination; closure, acceptance and support
38
What is General pay increase
Pay increase given to employees based on local competitive market requirements
39
What is Cost-benefit analysis
Ratio of value created against the cost of creating that value
40
What is Lilly Ledbetter Fair Pay Act
U.S. act that creates a rolling time frame for filing wage discrimination claims and expands plaintiff field beyond employee who was discriminated against.
41
what is business case
Presentation to management that establishes that a specific problem exists and argues that the proposed solution is the best way to solve the problem in terms of time, cost efficiency, and probability of success.
42
What is Compensation System Design
Job Analysis, Job Documentation, Job Evaluation, and Pay Structure
43
What is Conciliation
Method of nonbinding dispute resolution involving a third party who tries to help disputing parties reach a mutually agreed decision
44
What is Geocentric Approach
An organization which is seen as a single global business, with management talent coming from any location in the enterprise. The strategic plan is global in orientation, while the need to balance global strategy with local culture and regulations is well understood.
45
What is Human Relations
The concept that recognizes that businesses are social organizations as well as economic systems and that productivity is related to employee job satisfaction.
46
What is Vroom's expectancy theory
Suggests that people are motivated by the reward they will receive when they succeed and that they weigh the value of the expected reward against the effort required to achieve it.
47
What is Absence rate
Ratio of lost days to number of employees
48
What is Interpersonal Strategies
Deals with the work relationship between employees. Efforts aimed at clarifying work expectations and norms to prevent misunderstandings or conflicts
49
What is The Foreign Corrupt Practices Act (1977)
Makes it illegal for U.S. companies to pay/accepted bribes to or from foreign officials
50
What is judgmental forecasts
Use of information from past and present to predict future conditions
51
What is Faragher v. City of Boca Raton
U.S. court ruling that distinguished between supervisor harassment that results in tangible employment action and supervisor harassment that does not result in any tangible action.
52
What is Portal-to-Portal Act
U.S. act that defines what is included as hours worked and is therefore compensable and a factor in calculating overtime
53
what is Non Qualified Plans
Retirement plans that do not meet the requirements of ERISA are known as non-qualified plans These plans often discriminate in favor of the highly paid employees and often have no vesting prior to retirement age The contributions paid in by employers are not tax deductible until the employee actually receives the funds
54
What is Introduction Stage
The initial stage of a product life cycle, first appearance in the marketplace when sales start at zero and profits are negative
55
What is Golden Handshake
A large sum of money paid as compensation to someone who is obliged to leave a job or retire early
56
What is Layoffs
Temporary employment separations
57
What is Executive Order 11246
Prohibits discrimination on the basis of race, color, national (country of) origin, religion and gender in all federal agencies and organization doing business with the government
58